Essentially no income details are required and the loan is based off of the collateral of the property and income, calculated using the active rents, appraisal rent schedule or even STR income or projected income.

I recently put together two detailed excel profit/cash flow calculators specifically for BRRRR and fix-and-flip investment projects.

Happy to go into a fix & flip loan in detail with you over a quick call!

I appreciate the detailed explanation.I'm particularly interested in understanding the differentiation between Property Accounting and Corporate Accounting.

The cleaner should be handling all the cleaning and looking over the property.Give us some more details on what you are spending time on and we can help.No way I would arbitrage that property.

If you can get me the owner's details I will pursue.Thanks

@Engelo Rumora - hit me up with details on all those illegal PM's.

We added significant value by investing $30,000 in renovations, focusing on modernizing the property's interior and enhancing its curb appeal.

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

Can you give a bit more detail about how you General Journal Cogs over to a WIP account at year end?